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Magic Software Enterprises Ltd (MGIC.O)

MGIC.O on Nasdaq

8.45USD
22 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Magic Software reports Q3 earnings per share of $0.09
Tuesday, 14 Nov 2017 01:06am EST 

Nov 14 (Reuters) - Magic Software Enterprises Ltd :Magic delivers record-breaking revenues of $66 million for the third quarter of 2017 with 21% year over year growth.Sees FY 2017 revenue $250 million to $255 million.Q3 non-GAAP earnings per share $0.12.Q3 earnings per share $0.09.Q3 revenue $65.7 million.Narrowing expected range of its revenue guidance for 2017​.FY 2017 revenue expected to be in range of $250 million to $255 million, up from prior guidance of $245 million to $255 million​.  Full Article

Magic Software posts Q2 adj. earnings per share $0.13
Wednesday, 9 Aug 2017 05:27am EDT 

Aug 9 (Reuters) - Magic Software Enterprises Ltd :Magic delivers record-breaking revenues of $65 million for the second quarter with 38 pct year-over-year growth and raises guidance on continued business momentum.Q2 non-GAAP earnings per share $0.13.Q2 earnings per share $0.08.Sees FY 2017 revenue $245 million to $255 million.‍revenues for Q2 increased 38 pct to $65.5 million compared to $47.4 million in same period last year​.  Full Article

Yelin Lapidot Holdings Management reports 5 pct passive stake in Magic Software Enterprises
Tuesday, 11 Jul 2017 11:02am EDT 

July 11 (Reuters) - Magic Software Enterprises Ltd :Yelin Lapidot Holdings Management Ltd reports 5.0 percent passive stake in Magic Software Enterprises Ltd as of June 16 - sec filing.  Full Article

Magic Software reports Q1 non-GAAP earnings of $0.13/shr
Tuesday, 16 May 2017 05:31am EDT 

May 16 (Reuters) - Magic Software Enterprises Ltd :Magic delivers record-breaking revenues of $61 million for the first quarter with 36% year over year growth.Q1 non-GAAP earnings per share $0.13.Q1 earnings per share $0.10.Q1 revenue $60.8 million.Magic Software Enterprises Ltd says reiterating its fiscal year 2017 guidance issued in february.  Full Article

Magic Software Enterprises says Q4 revenues up 15 pct year over year to $55.1 mln
Tuesday, 21 Feb 2017 07:15am EST 

Magic Software Enterprises Ltd : Magic Software Enterprises Ltd - revenues for fourth quarter increased 15 pct year over year to $55.1 million compared to $47.9 million .Magic Software Enterprises Ltd - operating income for the fourth quarter decreased 13 pct to $4.3 million from $5.0 million in the same period last year.  Full Article

Magic announces $21 million acquisition of Clicks development platform
Monday, 20 Jun 2016 02:45am EDT 

Magic Software Enterprises Ltd : Entered into a definitive agreement to acquire a 60% equity interest in roshtov software industries ltd . Company will also have option to acquire 100% of equity in roshtov . Expects that this transaction will be accretive to earnings in 2016 and beyond . Roshtov software industries is the developer of clicks development platform .Magic announces $21 million acquisition of clicks® development platform for the managed care and health care industries.  Full Article

Magic Software Enterprises Ltd Announces Distribution of Cash Dividend for Second Half of 2015
Sunday, 21 Feb 2016 10:18am EST 

Magic Software Enterprises Ltd:declared a cash dividend in the amount of US $0.09 per share and in the aggregate amount of approximately US $4.0 million for the second half of 2015.The dividend is payable on March 17, 2016 to all of the Company's shareholders of record at the close of the NASDAQ Global Select Market on March 2, 2016.  Full Article

Magic Software Enterprises Ltd gives FY 2016 revenue guidance
Wednesday, 17 Feb 2016 04:51am EST 

Magic Software Enterprises Ltd:Expects FY 2016 revenues between $191 million to $195 million, on a constant currency basis.  Full Article

BRIEF-Magic Software reports Q3 earnings per share of $0.09

* Magic delivers record-breaking revenues of $66 million for the third quarter of 2017 with 21% year over year growth